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to put on events like this that add to the cultural life that we all enjoy in this great city. so so thanks to them. [applause] and in a way that's what we're here to talk about this afternoon, the triumph of this city and all the cities, the triumph of the city, that's the title of harvard economics professor ed glaeser's book. it's about what's made cities around the world great, about the challenges that they have had to overcome and still face. we're going to talk about b that in a few minutes in the special context of this city with our panel, and we'll take questions from you as well later. but, first, to launch us off with a presentation, here's the author, professor ed glaeser. [applause] >> thank you. thank you, bob. and thank you all so much for being here. i'm so enormously flattered that you've decided to take time out of your saturday afternoon to come and talk about, about cities. i'm also particularly grateful to the boston book festival for including this book. i, like i think every single one of you, love books, and i'm just thrilled to be part of this amazing thing
that shut down interstate 40 joust outside oklahoma city. texas got a double dose of bad weather, a 25-year-old man was killed near houston after a tree fell on his pickup. snow covered the ground in long view and turned dallas into a winter wonderland and blizzard warnings stretched from arkansas to pennsylvania. turning to mobile, alabama, windows were shattered and cars tossed off streets as this tornado touched down. >> oh my god, we need to go. it's right there. >> that's scary. several buildings damaged and several car accidents were blamed on the storm but no reports of serious injuries. emergency management officials tell cnn power has been restored to many customers, just over 7,000 in the dark, down from 23,000 last night. we head to mobile, christina leavenworth of w.e.a.r. in just about an hour weather officials will assess damage. christina, what are you hearing so far? >> reporter: good morning, carol. we are seeing a lot of damage here and it's widespread. the national weather service is saying the tornado touched down in five different locations, one of them here at murphy h
of new york city. the paper's editor said while they knew the database would be controversial, "sharing as much information as we could about gun ownership in our area was important in the aftermath of the newtown shootings." >>> and now that senator john kerry has been nominated for secretary of state, the focus is shifting to his potential replacement in massachusetts. senator scott brown, who was defeated last month by elizabeth warren, appears to be the clear choice for republicans. a poll conducted before the selection of kerry found brown dominating the field. the wbur poll also shows the senator topping any democrat by eight points. brown is yet to say whether he plans to run in the special election. as for the democrats, it's only clear who's not running right now. ted kennedy jr. was floated as a possible contender, but he says he's not interested. kennedy said he was grateful for the offers of support, but he considers connecticut to be his home, leaving the door open for a potential future run in that state. and actor and director ben affleck isn't ready to leave hollywood. t
one of the best things that could happen to the state of michigan and maybe the city of detroit. if you are a car company and want to do business there because the unions are too strong and thes have to be so high and all of the jumping through hoops. maybe now you can. maybe the next car company will go do business there and bring jobs there. >> gretchen: remember back during the bailout, the unions got the good end of the deal in the bailout. it was privately held dealerships that got the rough deal. >> eric: stock holders and bond holders. >> steve: if you were holding gm stock it went to zero. >> gretchen: unions won in that deal. >> eric: uah w took billions up front. stock holders you know you might lose everything. when you buy a bond you are first in line and they wiped out the bond holders. >> gretchen: and for the state of indiana teachers infact. >> brian: gm bond holders got roll add out. capitalism rules and president obama changed going forward. >> steve: if you are a union member your union will go to bat for you and they went to bat at chrysler. do you remember w
. the president and ceo of citi mortgage joins us next. twins. i dn't see them coming. i have obligations. cute obligation b obligatio. i need to rethink the core of my portfolio. what i really need is eep. introducing the ishares core, budinglos for the heart of your portfolio. find out why 9 out of 10 ilarge professisional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectis, risks, charges and expenses. ad and consider itarefully bere investing. ri includes possible ss of principal. lou: new reports show foreign investment is helping the housing market slowly recover. citimortgage president and ceo sanjiv das joins us here in just moments to discuss that and much more when it comes to housing. in the money line tonight, investors waiting cautiously to see whether washington can work out a deal to avoid the fiscal cliff. stocks rising, well, modestly is a big, strong word for what happened. technology stocks helping the dow up 15 points. the s&p up a fraction, the nasdaq rose nine. trading light. technology stock
(male announcer) live from the kron 4 news station, this is the kron 4 news. oakland city leaders, battling a big jump in a crime. today -- they're laying out new strategies. all this, as the city's police department faces record-low staffing levels. and previous plans to stop the violence this year -- have seemingly failed. now for a look at the most recent crime statistics out of oakland. 119 murders this year -- that's up 21-percent from the same period last year. 210 rapes -- up 23-percent. nearly 4-thousand robberies -- a 23-percent increase. and more than 12-thousand burglaries -- a jump of 44- precent. >> reporter: there 2012 policies did not work. the is what they've been saying, so the want to do two things, there were to contract out public safety experts that ephod crime in the los angeles, detroit, what advice to take and what approach to take. second, there would to neighborhood policing with five different areas. two of them in the east oakland area with captions on each one with crime-fighting specializing in their area. >> we have to do something. what we did last
an eddy. >> reporter: so now the city will begin to work on a long- term fix out here. perhaps they will put in some sort of a rack of some kind to catch debris that flows down the creek. but in all likelihood it will be a number of months. it may not be until spring until they entirely rebuild this bridge out here on mountain view drive. in the meantime this roadway will obviously remain closed as all that repair work goes on opinion inconvenience for a lot of people that live in this area. they will have to find an alternate route. live this morning in lafayette alex savidge. >>> time now 6:03. residents still closely watching the napa river. but there is some good news this morning. the river is expected to stay below flood stage. several feet of water still cover a peach orchard. the water also flooded several roads and some vineyards. >>> and this morning the power is out for hundreds of people. in fact, 2200 people have no electricity around the bay area. here are the latest numbers we just got them in from pg&e. the north bay and east bay more than 600 customers have no
the middle east. and information on the murder suicide involving a player for the kansas city chiefs area police releasing the dramatic 911 call as coach is desperately tried to defuse a deadly situation. >> we have a coach and one other employee here. >> we have four guys standing trying to negotiate with him. i haven't made contact. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so don't wait. now's the time to get on a path that could be right for you... with unitedhealthcare medicare so
court ruling would take hold legalizing same sex marriage in california. san francisco city officials tell us they are ready to perform marriages as soon as tomorrow. >> we will be ready with volunteers that we already have in place and volunteers who are being trained today. we'll have a one-stop shop for anyone who wants to get married. >> reporter: and we are waiting for word from the court. we'll bring it for you here on channel 2. reporting live from washington, d.c. alison burns ktvu channel 2 news. >>> last night president obama congratulates zone people honored for -- seven people honored for their lifetime culture. among the honorees ballerina natal yeah. david letterman. dust tin hoff man. and the surviving members of led zeppelin. >>> time now 5:14. let's check in with tara. >> we have that big accident in livermore that looks like that scene has been moved over to the shoulder. eastbound traffic should be flowing okay on 580. allie rasmus will have an update on the high speed chp pursuit. now let's head outside. we can take a live look at sf. this is 101. you can see there
, willie. >> look at this! >> neighbor american cities. >> look at this, morsy, right here, his people are now beating up -- i thought he was a great hope. is that the story? >> no. major american cities are seeing their first success in stemming the growing weight of obesity -- rate of obesity, philadelphia, new york and los angeles and other communities across the u.s. are finding modest success rates in this. the number of reported obese children was down 5.5% over the last five years in new york city schools, mayor bloomberg, researchers are not sure what's behind the decline. there's a growing awareness in this city, thanks to the mayor -- >> this mayor -- >> i think he's fantastic. >> he's a killjoy. >> what part of your joy has he killed? >> really? you can't smoke and eat disgusting food. >> what can't you do anymore? >> you want children across the city even in poor neighborhoods to have access to equally hea h healthy food as the wealthiest children in the world who live here. i'm story. i'm sorry. that that's terrible. he should stop that right now. >> i'm talking about smo
without tax rate increases. melissa: 11,000 now out of work at citi. slashing jobs taking a billion dollars charge as it repositioned oppositions. charlie gasparino tells us it is even more cuts are on the way. lori: new warnings and ethanol blended gasoline. joining us on whether you should be worried about what you put into your gas tank. let's get up to speed, back the floor of the new york stock exchange and nicole petallides. economic data on the service industry. nicole: looking good, lori and melissa. up 125 points. after two days of selling we are seeing some market action to the upside. we are above the 13,000 mark, well above that. 13,076. the nasdaq squeezing it out. concern for apple, but financials are doing well. let's take a look at the group. laying off 11,000 workers, that is the plan. a new ceo in place and he wants to make his mark. up 6.5%. it is under pressure, nowhere near $700 for the all-time high in september. the latest findings other actually going to use the market share for the ipad to the android in some microsoft folks, they're facing intense competiti
news studios in new york city. >> for the past few weeks i have 48 city scarlet i met several hundred who watch the show every week. there is political gridlock on both parties and many of you are concerned about the country. your kids and grand kids could have a better life in you. the recurring theme i heard over and over was the sense that our leaders weren't leading and they aren't listening. the elections accident a clear message. they said meet the new boss instesame as the old boss. same president, same senate, same house. we truly made have will sunk the titanic. we may have put too much hope in human beings could have solved problems in many cases not nearly as booed good at it. you at least balance your checkbook at home and you pay your bills and you show up for work. washington hasn't balanced it's checkbook. it has to borrow money from the chinese to pay its bills. barely shows any real work or progress on our behalf. maybe they just aren't listening to us any more. it occurred to me if they won't listen to us i wonder if they will listen to a stronger voice. i wonder if
in the twin city, dallas looking beautiful with 72 degrees. out west, looks like all of the moisture will be limited to parts of the made civic northwest. high mountain, cascades. snow could be over a foot 7,000 feet and up. ski country, fantastic. so that's certainly the good news in that part of the world. in term of your air travel, backups are possible in chicago. rain is the issue. low clouds, too, limiting visibility. but minneapolis, new york, miami, miami is misspelled. i'll stand in front of that. miami and seattle, you can see just minor delays there. let's send it back to you. >> good job, reynolds blocking maimi. >> if you could talk to someone about snow in the rocky, would you? >> are you going up? >> eventually. >> steamboat springs will see over a foot of snow between now and sunday. >> that's good start. but we didn't know anything about january or february? >> not yet. >> if you get a chance to hit those maps to move stuff over the rocky, if you could. >> we'll do what we can. >> in squawk sports new, are the broncos made their eighth straight victory look easy last
. they were heading to an airport near mexico city. the wreckage was spotted in the mountainous northern state. we have more on the life of the singer jenni rivera. what can you tell us? >> good morning. she sold 50 million records, won two billboard music awards and was a star of her reality show and served as a judge on a popular talent show in mexico. hard-working until the end. she performed the last concert saturday night in monterey, mexico, hours before dying in a plane crash on her way to yet another commitment. [ speaking spanish ] they call her diva. and for anyone who ever saw her on stage, it was easy to see why. she sang heartwrenching song that's spoke to the common woman, especially mexican-americans. >> translator: every song, every lyric i'm thinking of them and how i can relate to them. >> reporter: jenni rivera was born in long beach, california to mexican parents, their story of humble origins. with an interview in cnn, she spoke about how she sold records at a los angeles flea market and how the family expected cans for the meager income they could bring in selling the met
detroit bankrupt city government, too. this sure isn't the free market, and i asked why should a texas taxpayer bail out detroit? >>> breaking news from syria, and it is a blockbuster. the assad regime is walking and loading its chemical weapons, ready to use them on its own people. nbc's chief pentagon correspondent joins us now. jim, is this the red line president obama was warning about? >> well, not quite yet. u.s. officials tell us that the syrian military is poised to use chemical weapons against their own people, and all it would take really is the final order from syrian president assad. but we have learned that as of today, all the precursored chemicals for that deadly nerve gas have in fact now been loaded on to aerial bombs, but those bombs are still in the depots. they haven't been loaded on to airplanes yet, and president assad hasn't given the order. but they're pretty close, larry, and that's why earlier this week, of course, president obama issued a very strong statement aimed at president assad saying look, if you use these weapons against your people, there will be se
of minutes. martha: that will be interesting. a shocking crime in the middle of new york city. a man gunned down in cold blood as holiday tourists looked on in horror. >> he was gone, whoever did it was gone. nobody has seen him. there was a bunch people around. oming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! money she is getting. the soda company agreed to pay an estimated $50 million to beyonce. worth every penny, don't you think? greg
actually got a toaster oven when i opened an account with citi in 1978. never did a stitch of business with them. still have the toaster oven. >> you bought trousers and went to -- >> in my dad's oldsmobile. >> which states are likely to feel the most pain if america falls off the cliff? up next, cramer's six stocks in 60 seconds. back in a moment. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer.forbusi. [ yawning sound ] >> let's check in with simon hobbs to s
in new york city. [applause]. well for the past few weeks, i've traveled to about 48 city signing dear chandler, dear scarlet and i met several thousand who watched the show every week, it's.that americans are-- and many of you are wondering if your kids and grandkids are going to have a better life than you. and what i heard over and over our leaders aren't leading and the election didn't send a clear message, the song of the hugh once said, meet the new boss, same as the old boss pt sate president, same senate and same house. we may have barely moved the chairs around on the deck of the sinking "titanic," but maybe we're putting faith in human beings,no getter at serving. >> and you pay your bills and show up for work. washington s to borrow from the chinese to pay its bill and barely shows any real work. it occurred if they won't listen to us, i wonder if they'd listen to a stronger voice, if he'd speak with burning bush, and part it seems likes he knows how get through. since neither party seems to listen to us, what would happen if god asked them to speak to him ap listen to him.
are all about jobs and that's what we are going to focus on. >> greta: have you focused at all on the city of detroit, which is crashing right now, on and a lot of unemployment? have you worked with the in thees to come up with a solution what you are going to do about that city? >> we have. the very basic things we need in the city of detroit. we started with with law and order on the ground. after more than 40 years of trying, we finally were able to establish a regional transit authority to move people from one place to another. a lot of folks don't have cars, but they need jobs and need to be able to get to the jobs. step by step, we are making improvement in the city of detroit. there are a lot of very serious issues and that will be a major focus of the administration over the next year, as it has been this year. >> greta: thank you, sir. and michigan protest turning really ugly and really scary for some. pro-union protesters tearing down a tent with people inside the tent, with the tent belonging to the conservative group, americans for prosperity. the violence was caught on camera.
's wednesday, december 12th. look at that shot of new york city. >> wow. >> it's dark at 6:00 on the east coast. welcome to "morning joe." with us on set here in new york city, we have msnbc contributor, mike barnicle. >> in my ear, mika. >> no, he was at the white house. >> i don't understand. where's t.j.? >> he's off today. >> why's that? >> he was busy. he went to the white house. >> that's great. you know, alex went to the white house, too. >> and drove back himself. >> let me get this straight. so alex goes to the white house last night. >> mm-hmm. >> because, you know, right-wing bloggers, we actually -- that's how we get our talking points. they go down -- valerie and david axelrod together make a big pot roast for us. >> mm-hmm. >> and lots of gravy. and we sit around eating it. and i, of course, say okay, give me extra gravy. i'm good with it. >> right. >> best sweet tea i've ever had. >> there's a give and take. >> actually, it was a christmas party. go ahead and do your blog. you sure as hell didn't get mitt romney to like it. they're not attacking me. i wouldn't know. i don't read
. [applause] >> now that that the turnpike extends past the city to the airport, any thoughts about revising the song? >> you mean the turnpike no longer ends in boston, it goes all the way to summer set, no. what town is the airport in? >> that's got a ring to it but it doesn't rhyme. that's the thing is the internal rhyme. that song has four rhyming schemes going at once. it's got to be boston unless they take it to aust tin texas. [applause] >> i want to thank all of you for joining us this afternoon. i want to remind you of our next lunch on december 18, we have leon panetta, i'm sure if you have some advice on how to stolve fiscal cliff i'm sure heed like to hear that. >> while you are writing your next song i'd like to present you with your coffee mug. it might give you some inspiration. >> thank you so much. [applause] >> i want to thank the national press club staff including the journalism broadcast center for organizing today's event. and i was wondering if you had one last song you'd like to sing us out on. >> [applause] >> can she borrow your stool? >> this is my wife kim and her
-- the city hall here for lansing. these roads are expected to be closed and you'll see thousands of blanketing the street, right up until the first vote, 10:00 a.m., the senate takes up the house measure. the house will take up the senate measure. they are expected to pass. once that happens, if that indeed does happen, brooke, it would go to the governor's desk where he's expected to sign it. >> as we anticipate that, want to point out a couple of polls here as we talk, alison, multiple polls taken in michigan, 600 people in michigan were asked it they support right to work generally and we have the numbers. here you go. more or less split, 54% favoring, 40% oppose. look at the same poll, the same group when presented with pros and cons of right to work, asked if they favor it, 51% say they oppose. 42% favor. when you look at this, alison, doesn't look like a very clear directive, does it? >> reporter: no, there is a disconnect there. when you see those polled, the 600 folks who live in michigan, who at first you look at that and they say, you know what, it is a good idea, the m
free. bob in rapid city, south dakota, republican caller. caller: whee are a right-to- work state. in the past week we had an article in the newspaper that we are 16th in the nation in income. we averaged 44,000. where is the nation averages 41,000. so it's just not true that a right-to-work state means lower income. our unemployment rate is around 5% or 5.2. host: 4.5%, according to this washington times piece this morning. caller: our union membership in the state is 5.6%. so it is not very high. we have three of the poorest counties in the country, and south dakota, also. those are primarily indian reservations. without those numbers pulling the numbers down, we would be even higher than that. desk because you are a right-to- work state does not mean you are giving up anything in the labor force. -- just because. host: in north dakota the natural gas and oil industry has really boomed in the last few years. is that the case in south dakota? caller: we get a little bit of that, particularly in western south dakota, because it flows into the northwestern part of the state. we are
's 1994 levels. >> that's a big part of morgan stanley's call on citi today. from overweight to equal weight. consumer deleveraging in their view coming to an end. and the more clarity on regulations. we are exiting this really weird period of uncertainty. rules come into focus. and if these consumer balance sheet numbers are right. next year could look different, jim. >> yes. there are a lot of assets -- look, a lot of bad loans that are becoming good loans. citi was always relatively opaque. i tried many, many times to penetrate citi holdings, which is the legacy of the core running it now. it may be good. i mean, pandit always promised me the money in holdings was money good. if you go to the book value of companies like morgan stanley, 9% of book -- i mean, in other words, what i'm saying is, xlf, look out. 14 to 16 from june to now. but it could go back to a much higher level. >> you wonder about the nominations to treasury, good time to get out of the business. righting the ship, moving on to something else? >> elizabeth arden, now senator-elect on the banking committee, has alw
sunday, kansas city chiefs gathered in prayer. it was an emotional day for players and coaches alike. >> it takes all of us to have success in football. i told them that the bonds of teammates are rare and special and they go stronger and stronger and stronger over time and through adversity. that is what we had. so i wasn't trying to make a football is life type comparison but i just asked them to learn from all the lessons that we've all learned from football to try to handle the situation as best we can. >> loss is hard in life in general. especially people that you see every single day that you're close with and you, you grind, you grind with, that you, you know, are trying to accomplish a goal with. you go through a lot together and that was a very, still is a very difficult thing that this football team is dealing with. bill: sportscaster jim gray with me right now, fox news contributor. jim, good morning to you. headlines second straight week for all the wrong reasons. how do you see this. >> it is tragic n this instance it is totally avoidable. unfortunately he didn't have to
secretary and odot, we took down 9,000-foot bridge in oklahoma city. and to get rid of structurally deficient and obsolete bridges. so over the next 10 years, we will go from the bottom in the country in terms of structurally deficient and obsolete bridges to the top in terms of creating that infrastructure in our state. and we're literally recycling beams and saving millions of dollars by something that would have just been thrown out under normal circumstances. and it's the only project like that of its kind in the country that we're pretty proud of. the other thing that we're doing, roxanne's governor, governor hickenlooper, tom mentioned before the third bucket of energy. governor fallin and governor hickenlooper created an initiative to convert state fleets to c.n.g. and governor mcdonell as well is supportive. we went to detroit with a group of 13 governors signed on to an m.o.u. and we had -- convert our fleets to c.n.g. and produce a fleet vehicle and give us that ability to do that efficiently. we'll give you the market. we'll put up 5,000 cars that we commit to buying. and
. >> can i switch gears briefly on the question of detroit city, its terrible finances, the likelihood that it's going into bankruptcy, some of the local politicians asked president obama to bail out detroit city. do you think a bail out like that's coming? >> i think we need detroit to accept responsibility. we need a healthy detroit. in michigan we want a healthy detroit. we need detroiters to accept responsibility. they are free to ask the president for more money. i can tell you there will not be more money coming from lansing. we need to get detroit fixed and move forward together. >> apparently mayor dave bing, the former basketball great and a good businessman before he was mayor says, and i will quote -- he blames the culture of victimization and entitlement for detroit's woes. i can write that large for the entire usa budget deficit but let's stick to detroit. is the mayor correct? >> i will leave mayor bing to stand for his own comments. i believe we need a healthy detroit and there is great opportunity in detroit just as there is opportunity all over the state. we are turnin
from now, president obama visits a suburb of detroit. in that near bankrupt city asks for a bailout. will the president oblige. organizationed labor health. the right to work legislation. the unions hate it. will the president step in? . detroit voted for him, the unions, mr. obama is there, what is he going to do? china is here buying part of the bailed out aig, buying 123 battery company and buying american mansions. that's what happens when china has the money and we've spent all of ours. or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it just common sense. from ameritrade. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holid deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fex office. >> two big stories coming togethe
in a new york city hotel room back in 2011. remember this? after problems cropped up with her story, according to the prosecutors, the da's office dropped all charges in the case. but she pressed ahead with the civil suit. well, there is a hearing in about 45 minutes that may announce both sides have arrived at a settlement. we'll bring you that news as it happens. ♪ speak speak tongue -- [speaking in native tongue] [laughter] megyn: remember that ad? that's from the 2010 midterms from the group citizens against government waste, and it made a bunch of headlines at the time. recently, china has been on a spending spree buying up american assets. at the top of the hour, we told you about a123 that the feds gave over $100 million to you and now china's buying the company, and we're now told aig -- another company that got a cash infusion -- is selling its jet-leasing business to a group of chinese financial firms. earlier this year the biggest take over of an american company to date, amc entertainment, going to china for $2.6 billion, and in january of this year the chinese company
river. the whole river walk has been redone unlike anything anyone has seen in an american city. we're very excited about it. >> dan, thank you. thanks for the work you're doing. appreciate you joining us today. have great weekend, everybody. right now it's time for "squawk on the street." >> up 146,000, that's the jobs numbers for november. unemployment at 7.7. that's the lowest in exactly four years. good morning. welcome to "squawk on the street." i'm carlos gutierrez with jim cramer, david faber and melissa lee. questions remain about the internals. europe is reacting to a miss on german industrial production and some reports at least that some ecb members favored a rate cut yesterday. our road map will go like this. that puzzling jobs number beating virtually every wall street estimate as the labor department says sandy had only a minimal effect. is it true a clean number and what are conspiracy theorists saying. >>> a comment hastings made last july. what does it say about s.e.c. rules and whether they are out of date. >> mcdonald's will post same store sales on monday gets an
boston and new york city. they'll be out of the way fairly quickly. our main story is florida. miami, naples, picking up showers and thunderstorms. a half dozen tornados across the south yesterday. we'll watch tampa, daytona be h beach, ft. myers. this is the spot for strongest storms to develop. the cold air, finally returning to deal for many. 50s in atlanta after our average hey hoob around 71 degrees. we're looking at generally average temps tomorrow. the return to average is what makes it feel so cold outside. i can say, guys, that as we head towards the end of the week, wintered is going to return. snow is going to start to return, as well. >> good. that was better than rain. >> i sense your ens tus amp. you're excited about this. >> i am. i know aspen got a foot yesterday. we don't want to waste it on rain. we had 20 inches over on the west coast. move that over. let's get some snow. even back here, we had 39 degrees and raining doesn't help anyone back here, does it? >> no. that's brutal stuff. for you guys. you're watching sunday night into monday into the northeast. that's
to pay taxes in that city. you might not like the administration of government, you might not like -- you will pay city taxes or you can move out of the city. you can change the process and get involved in the same way -- stuart: i understand point. [talking over each other] stuart: voting to make michigan a right to work state. that is the democratic process. that is what is happening here. >> these people on lawfully legally expressing their opinion today. we have a mess on our hands. stuart: let me throw this that you. in the last ten years the employment level, the number of jobs in right to work states has gone up 10%. the employment level in non right to work states like michigan has gone 1%. don't you think there's something to be said for being right to work in terms of getting more jobs to your state? good jobs at a toyota or honda? >> there is no more pro-business mayor in the state or the country but i can tell you as you know as a business reporter there tweet types of lies, lies, damn lies and statistics. i didn't make that up but i can show you statistics the other way that
in new york city. and we're following the apple story throughout today's program and right at the opening bell, a big name that you know and probbbly own, that's apple. what's it doing wrong? where will it open? pre-market, by the way, was down $9. below 530. buying opportunity? who knows. the opening bell though, that's next. can your hearing aid do this? lyric can. lyric can. lyric can. lyric by phonak is the world's only 24/7, 100% invisible hearing device. it's tiny. t lyric's not just about what you can't see. it's about what it can do. lyric can be worn 24/7 for up to four months, without batty changes. incredibly easy to live with, lyric can be worn showering, sleeping and exercising. in fact, you might forget it's there at all. call for a risk--free trial. and you'll see lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatom (testimonial section) (testimonial section) (ttimonial section) did you know, 94% of people o use lyric would recommend lyric to a friend or loved one. can your hearing aido
not? earthquake egg she was calling for a bailout of 9 cash strapped city after 73 percent of the voters in wayne pulled the lever for president obama in november. the video is going viral and so is the reaction. we cannot get the council woman but we got michelle fields who says get ready for more. the absolute stark contrast between scott who we saw on staten island standing if front of his home making sure no one steals his generators so he can stay warm and this council woman who is concerned about, she voted for president obama, where is her bailout? >>guest: this is crazy. you don't get preferential treatment just because you voted for obama. look, detroit right now, what they need is real new leadership. what they don't need is more money going to politicians who are completely incompetent. taxpayers should not have to get tens of billions more in debt, have more losses, just because politicians in detroit can't balance the budget, they can't plan ahead. let me remind you, we are still, the taxpayers, are owed $25 billion from the audit to industry bailout. there is
city, amtrak carries twice as many passengers as all airlines come bind. today it carries 75% of inner city travel letters between new york and washington. amtrak has done all this with the threat of funding cuts and privatization especially of the profitable northeast corridor hanging over its head. we know that in other parts of the world privatization of high speed passenger rail has tried and failed to solve the problems it was intended to solve. these plans were almost always preceded by funding cuts, system i can safety and reliability problems caused a great deal of upheaval in the transportation and forced countries to renational lies a system. with that being said, we think that amtrak's long-term next general plan for the northeast corridor provides a temp plate for a public private partnership that is worth discussing. if the partnership does not reduce the public interest or the interest of the brotherhood of lock motive engineers and other skilled workers. further they believe that amtrak should be the service prider for the northeast corridor and for the united states bec
. elect tri-city costs in the next 15 years. if you manufacture and establish the united states, you take advantage of the many trade agreements the united states has with the countries. whether it's a japanese cut me, thai company can chinese company manufactures in the united states, employing good american workers. .. >> the key is having the right set of advisors from investment bankers to accounting firms and law firms and pr firms and management consulting firms. >> we will leave it there. think you all for coming. think everyone. [applause] i was just going to thank everyone at asia society.org. thank you both for being here. it has been a great pleasure. [applause] [inaudible conversations] >> if we turn away from the needs of others, we align ourselves with those forces which are bringing about the greatest suffering. >> obesity in this country is nothing short of a public health crisis. >> i think i have intentness that went up and told me when someone had their own agenda. >> i think that they serve as a window on the path to past what was going on with american women. >> she b
which is this emergency manager walt which he is trying to use to desperately save michigan cities that are desperately in trouble, including detroit. connell: he was forced, in your view. he maybe it would not have done it if it was not for that. >> the emergency managers law. connell: the idea that he is in support of it. [talking over each other] connell: is the union movement, you know, is it over, is the tide turning? >> first of all, the second biggest organizing drive in the u.s. history, yes, you are right. today, even with the decline in unionization, it is about 13, 14%, which is about double the national average. yes, it is. this is not, for instance, and southern states, where you have the right to work and you do not have unions anyway. dagen: does it have a wider impact, does it continue to spread? >> well -- dagen: this is the 24th state. >> it will never happen in new york or a place like new jersey. they do not have the legislatures that will pass this. let's be realistic about it. all you have to do is look at a map of america and you would understand that. there
is the president doing in detroit? in a city on the verge of bankruptcy, can't pay any of their bills. where the spenders ou outweigh e people. it will be dissolved into the county. he is out there drumming up support. what difference does it make, shouldn't they be sitting at a table trying to figure out what to do? >> the president still thinks the campaign is going on. to be truthful i think he really believes he can go to the people and get republicans to roll over and surrender. i don't think a negotiating tactic if you want a deal everybody can walk away from the table happy with i think the republicans i talk to them they say we dealt with tim geithner and the president, they want a surrender, not a deal. there's a lot of ill will that come between these two parties that annoys republicans the president keeps going out on the campaign trail rather than doing what you suggested, striking a deal. lori: how will that make or break a situation making it better or worse, how does that play in and our deep spending cuts even a good thing with the economy so close to contraction? >> cutting
professionals. joseph, good morning. caller: good morning. i worked in new york city for about 28 years as a certified guidance counselor. if i could give my personal testimony. i studied at hunter college in new york for a master's degree in counseling. that master's degree at that time required only 30 credits, graduate credits. i was in the last class that was certified at 30 credits. after that it became 48 and now it is 60. we had counted professors. the objective was to put on the front lines some trained people to just be listening, have disturbed children referred to us. we had enough training that we could try to help them. we could refer them. we had psychiatrist in new york available. as anw working in florida adjunct professor at the college level. my feeling is, the community college level and maybe colleges in general, i do not feel the counseling staff feels more or less the responsibility to really help these disturbed students. they would just as soon see them leave or dismissed. guest: let's look back to the virginia tech shooting, to the deadliest shooting to date. st
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